Indian medical equipment company seeks PE funding
Sutures India, a Bangalore-based medical equipment manufacturer is seeking $25-40 million from private equity investors. The funds would be used for expansion and other purposes, but as yet no mandates have been given investment banks.
An investment banker told LiveMint that 4-5 private equity firms have looked at purchasing a significant minority stake in the company. Strategic investors in the healthcare sector may also be interested...
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